Thu Duc City needs 78,000 billion VND to invest in major transportation projects to change the face of the city.
February 6, within the framework of At the conference to announce the Master Plan to 2040 and promote investment, Thu Duc City called on domestic and foreign businesses and investors to invest in many project groups in the coming time.
Overview of the conference to announce the Master Plan to 2040 and promote investment calling.
Specifically, Thu Duc City calls for investment in 535 projects in the area with a total estimated capital of over VND800,000 billion. In the transport sector alone, Thu Duc City calls for investment of about VND78,000 billion under the public-private partnership (PPP) method with 32 projects.
Some key traffic projects include the project to upgrade and expand National Highway 13; construction of the road connecting Ring Road 3 (from Go Cong intersection to old station 2); construction of Thu Thiem Bridge 3, 4...
The project to upgrade and expand National Highway 13 (from Binh Trieu Bridge to Binh Phuoc intersection) has been approved by the Ho Chi Minh City People's Council as a list of investment projects to upgrade, expand and modernize existing road works, applying the BOT (build - operate - transfer) contract type, according to the provisions of Resolution No. 98 of the National Assembly.
Accordingly, the project is nearly 6km long, expanded from 53 - 60m with a total estimated investment of about 13,851 billion VND. It is expected to start construction in the first quarter of 2026 and be completed in 2028.
The National Highway 13 expansion project is calling for investment to expand from 53m - 60m under the PPP form. According to the consultant's plan, there is also an option to invest in an elevated road.
Meanwhile, the construction of the connecting road of Ring Road 3 (Go Cong intersection to old station 2) is about 6km long, about 4,500 billion VND. Thu Thiem 3 Bridge is expected to connect from Ton Dan Street, cross Nguyen Tat Thanh Street and Nha Rong - Khanh Hoi Port (District 4), cross the Saigon River and end at Thu Thiem New Urban Area (Thu Duc City). Thu Thiem 4 Bridge connects Thu Thiem New Urban Area with District 7.
In addition to traffic works, Thu Duc City also calls for investment in building Thu Duc 1 and 2 waste treatment plants; building ecological parks and parks in the new urban area of Thu Thiem; building the Rach Chiec National Sports Complex...
Mr. Tran Minh Son, Vice President of SunGroup Corporation, said that although the group has invested in many projects in provinces and cities, it has not had the opportunity to invest in any projects in Ho Chi Minh City. Recently, the unit has contributed ideas for planning the construction of Truong Tho Urban Area, Rach Chiec Sports Area and Ho Chi Minh City National Historical Cultural Park - these are all strong projects of the group.
Mr. Son said he really wanted to invest in Ho Chi Minh City with the first destination being Thu Duc City. At the same time, he committed that the group would bid for projects of interest and invest in the project in the fastest time.
Mr. Tran Ba Duong, Chairman of the Board of Directors of THACO Group, spoke at the conference.
Similarly, Mr. Tran Ba Duong, Chairman of the Board of Directors of THACO Group, also committed to speeding up the completion of projects in the Thu Thiem New Urban Area, including quickly implementing 4 main roads in the urban area...
Mr. Hoang Tung, Chairman of Thu Duc City People's Committee, said that in this planning, there is a new point which is the investment in 2 waste-to-energy plants with a capacity of 1,000 tons/day. When these two plants are invested, the City will reduce the cost of transporting waste to Da Phuoc landfill for treatment.
Thu Duc City leaders are committed to accompanying and supporting investors from providing full information, providing legal advice to enhancing administrative reform, applying digital transformation in handling procedures to shorten the time for processing documents, to ensure that investors can feel secure in investing and doing business in Thu Duc City.
5 project groups of Thu Duc City calling for investment:
Group 1: Investment projects by auction of land use rights with about 2.4 million m2 of land, of which, there are about 450,000 m2 in 49 land lots in Thu Thiem New Urban Area and about 1.9 million m2 in 10 other projects in Thu Duc City.
Group 2: Investment projects using land through bidding to select investors (about 13 projects). Including projects such as the Exhibition Conference Center and Hotel Complex, Sports and Entertainment Complex; Truong Tho Urban Area...
Group 3: Investment projects under the public-private partnership (PPP) method (about 32 projects) with a total estimated investment of about 78,000 billion VND including transportation, environmental, technical infrastructure projects...
Group 4: Investment projects in other forms according to the Investment Law; has attracted 12 projects, attracting over 33,000 billion VND from businesses and investors, mainly housing projects and in the near future there will be more than 40 projects participating in investment in the housing sector in Thu Duc City.
Group 5: Investment projects using public investment capital in Thu Duc City in 2025 and the period 2025-2030 (vision to 2040), with about 250 projects, total expected investment of over 600,000 billion VND.
Source: https://www.baogiaothong.vn/thu-duc-can-78000-ty-dong-cho-nhung-du-an-giao-thong-nao-192250206103856408.htm
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